The bill is a memorial from the Washington State Legislature, petitioning Congress to call a convention of the states under Article V of the U.S. Constitution. The purpose of this convention would be to propose amendments that impose fiscal restraints on the federal government, limit its power and jurisdiction, and set term limits for federal officials and members of Congress. The memorial emphasizes the need for states to act as guardians of liberty against federal overreach and improper spending, asserting that the federal government has strayed from its constitutional duties.

The memorial includes specific reservations and declarations regarding the convention's operation. It clarifies that Congress's role is strictly ministerial, limited to calling the convention without authority to set rules or delegate powers. It also stipulates that the convention must focus solely on the specified topics and that any deviation would void the application. Furthermore, it recommends that proposed amendments be ratified by state legislatures rather than special conventions and allows the Washington legislature to provide instructions to its delegates and recall them if necessary.